Author: Suyash Jain

Angul expansion nears completion Coking coal costs decline q-o-q Jindal Steel Ltd’s steel production edged up 2% y-o-y to 2.09 mnt, while steel sales witnessed a drop of 9% y-o-y to 1.90 mnt in Q1FY26. The total capex for Q1FY26 was INR 2,226 crore, largely allocated to expansion of the Angul facility. Update on key…